Recap: Identiv Q3 Earnings

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Identiv INVE reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Identiv missed estimated earnings by 150.0%, reporting an EPS of $-0.01 versus an estimate of $0.02.

Revenue was up $850 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 14.58% increase in the share price the next day.

Here's a look at Identiv's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.08 -0.06 -0.01 0.05
EPS Actual -0.06 -0.13 0 0.01
Revenue Estimate 29.70M 25.64M 27.87M 35.74M
Revenue Actual 29.55M 26.00M 29.00M 31.00M

To track all earnings releases for Identiv visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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